Description
FULLY RENTED APARTMENTS AND HOUSE! Property is < 4 miles to I-77 or <10 miles to I-81 and <4.5 to New River Trail State Park and Foster Falls State Park. If you are wanting to invest in some apartments, this is it. Fully rented income producing property comes with 2 apartment buildings (2065, 2067, 2073, 2073A, and 2073B) as well as a detached house (2075), behind it all there's another almost 5 acres of cleared, vacant land ready to build on, with a well. There are 3- 1BD/1BA apartments, and 2- 3BD/1BA, there is also a beauty salon on the bottom level of one of the apartment buildings. Most of the renters are long term and have been there for 10+ years. Owners recently have done some upgrades including replacing all windows in the apartment buildings with tilt, insulated windows, new exterior paint, and lots of new interior paint in several of the units. Some of the units also have new appliances and upgraded PEX plumbing. House parcel has 1 acre and apartment parcel is of 5 acres.
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0BEDS
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6ACRES
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0BATHS
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01/2 BATHS
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6,474SQFT
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$40$/SQFT
School Information
Description
FULLY RENTED APARTMENTS AND HOUSE! Property is < 4 miles to I-77 or <10 miles to I-81 and <4.5 to New River Trail State Park and Foster Falls State Park. If you are wanting to invest in some apartments, this is it. Fully rented income producing property comes with 2 apartment buildings (2065, 2067, 2073, 2073A, and 2073B) as well as a detached house (2075), behind it all there's another almost 5 acres of cleared, vacant land ready to build on, with a well. There are 3- 1BD/1BA apartments, and 2- 3BD/1BA, there is also a beauty salon on the bottom level of one of the apartment buildings. Most of the renters are long term and have been there for 10+ years. Owners recently have done some upgrades including replacing all windows in the apartment buildings with tilt, insulated windows, new exterior paint, and lots of new interior paint in several of the units. Some of the units also have new appliances and upgraded PEX plumbing. House parcel has 1 acre and apartment parcel is of 5 acres.
© 2021 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Highlands Realty, Inc.. Data last updated: 2021-01-24T15:10:49.087.